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Safilo Group SpA
Previous close
€0.89
Day range
€0.87 - €0.88
Year range
€0.80 - €1.28
Market cap
349.17M EUR
Avg Volume
891.47K
P/E ratio
188.55
Dividend yield
-
Primary exchange
BIT
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 265.98M | -3.30% |
Operating expense | 141.16M | -2.13% |
Net income | 8.80M | 296.52% |
Net profit margin | 3.31 | 303.07% |
Earnings per share | — | — |
EBITDA | 24.71M | -11.37% |
Effective tax rate | 30.24% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 41.62M | -41.57% |
Total assets | 855.71M | -6.27% |
Total liabilities | 431.61M | -12.63% |
Total equity | 424.10M | — |
Shares outstanding | 414.16M | — |
Price to book | 0.90 | — |
Return on assets | 5.38% | — |
Return on capital | 8.14% | — |
Cash Flow
Net change in cash
(EUR) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 8.80M | 296.52% |
Cash from operations | 13.67M | 29.55% |
Cash from investing | -20.57M | -563.49% |
Cash from financing | -9.97M | 3.05% |
Net change in cash | -16.64M | -413.33% |
Free cash flow | -416.44K | -102.20% |
About
Safilo Group S.p.A. is an Italian company that designs, produces, and distributes prescription frames, sunglasses, sports eyewear, ski goggles and helmets, and cycling helmets under its own five house brands and 32 licensed brands, including Smith Optics since 1996.
Safilo's products are manufactured in its own Italian facilities, with additional plants in China and the United States. In the recent years Safilo sold or closed several of its plants, Martingnacco, Italy in 2020, Ormož, Slovenia in 2021, and Longarone, Italy in 2023. According to the 2023 Annual Report Safilo has wholly owned subsidiaries in 40 countries and more than 50 distribution partners in 70 countries.
Safilo currently is the third largest company in eyewear. The company traditionally trailed Luxottica, later EssilorLuxottica, as the second largest company, though slipped to third when both LVMH and Kering began manufacturing eyewear for its brands rather than having Safilo produce eyewear for their fashion houses; Kering Eyewear subsequently became the second largest in 2022. Wikipedia
Founded
1934
Headquarters
Website
Employees
3,740